oh shit is that project still going...
Quote:
2024 scaling back
In April 2024 it was reported that the project had been "scaled back" after foreign direct investment investors had not "bought into the crown prince's vision", according to Torbjorn Soltvedt, principal analyst at risk consultancy Maplecroft. Fluctuating global oil prices had contributed to the decision.[34]
The Line was expected to complete an initial section of 2.4 km (1.5 mi) long by 2030, with a population of 300,000 rather than the intended 1.5 million.[34]
The Saudi minister of economy and planning rejected the claims of scaling back. He said in an interview during World Economic Forum special meeting in Riyadh that "For NEOM, the projects, the intended scale is continuing as planned. There is no change in scale".[12] As of October 2024, Saudi Arabia intends to complete a 5 km (3.1 mi) central segment of The Line by 2030, while completion of the full 170 km (110 mi) project has been pushed to 2045.
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fuckin crazy, i had forgotten all about that shit
03-03-2025, 01:05 AM
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